Indian Overseas Bank logo

Indian Overseas Bank share price

NSE: IOBBSE: 532388BanksMid Cap

Face value ₹10 · Listed Dec 2000
Last close ₹29.02down ₹0.16 (0.55%)BSE ₹29.02

Share price at the NSE close on 28 Oct 2026. Previous close ₹29.18.

28 Oct: open ₹29.18, high ₹29.26, low ₹28.66

52-week range of traded prices to 28 Oct 2026
₹28.32Low, 26 Oct 2026₹41.29High, 31 Oct 2025
Market cap
₹55,883 Cr163rd largest listed
P/E
8.39
P/B
1.39
Dividend yield
Nonein the last 12 months
ROE
17.9%
NIM
3.17%
Gross NPA
1.19%
Net NPA
0.16%
CET1
16.26%
ROA
1.25%
Volume, NSE
29,40,30738.5% delivered

Indian Overseas Bank share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−28.5%over a year · Nifty PSU Bank +0.6% · Nifty 500 −8.8%

Results20-session average 43,79,861 shares a day, 44.3% delivered

About Indian Overseas Bank

Indian Overseas Bank is a public sector bank, run from its central office in Chennai, that takes deposits and lends across India.123 It offers personal, corporate, agricultural and rural, and MSME (micro, small and medium enterprise) banking, as well as foreign exchange and government business.4 Its brand franchise is in South India, particularly Tamil Nadu, and outside India it has branches in Singapore, Hong Kong, Bangkok and Colombo.56

It was founded on 10 Feb 1937 by M. Ct. M. Chidambaram Chettiar and was one of 14 major banks nationalised in 1969.5 It is not a company but a body corporate under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, regulated by the Reserve Bank of India.7 It made an initial public offer of shares in 2000 and a follow-on public offer in 2003, and in 2021 the Reserve Bank of India took it out of its prompt corrective action framework (restrictions placed on weak banks).8

It has sponsored Odisha Grameen Bank, a regional rural bank (a government-backed bank serving rural areas).910 India International Bank (Malaysia), a joint venture of Bank of Baroda, the bank and Union Bank of India, is being voluntarily wound up; by the end of December 2025 the bank had realised the entire book value of its investment, and no longer counts it as a joint venture.11 It had 21,034 employees at the end of March 2026.12 The Government of India, its promoter, held 92.44% of its shares at the end of June 2026.1314

Indian Overseas Bank key points

Results

  • In the quarter to Jun 2026, net profit was ₹1,659 crore, the bank's highest for a quarter, against ₹1,111 crore a year earlier, up 49.32%; operating profit was ₹2,693 crore, up 14.21%.15
  • Net interest income (interest earned minus interest paid) was ₹3,688 crore in the quarter, against ₹2,746 crore a year earlier, up 34.30%; the global net interest margin (that income as a share of earning assets) was 3.37%, against 3.25% in the quarter to Mar 2026.161718
  • In the year to Mar 2026, consolidated net profit was ₹5,418.47 crore, against ₹3,395.51 crore a year earlier. On a standalone basis, net profit was ₹5,208 crore, up 56.16% and the bank's highest ever, and the board recommended no dividend.192021

Asset quality and capital

  • Gross non-performing assets (NPAs, loans whose borrowers have stopped paying) were 1.33% of advances at the end of June 2026, against 1.97% a year earlier, and net NPAs, after provisions, 0.18%, against 0.32%.22
  • The provision coverage ratio (money set aside against bad loans), counting loans written off in its books, was 97.67% at the end of June 2026, and 86.29% without them; slippage (loans newly turned bad) was 0.06% of loans, against 0.10% a year earlier.232425
  • Its capital adequacy ratio (capital as a share of risk-weighted assets) was 19.36% at the end of June 2026, against a regulatory requirement of 11.50%.26
  • Management said on 20 Jul 2026 it had provided ₹2,150 crore of an estimated ₹3,000 crore needed under expected-credit-loss rules (provisioning for likely future losses).27

Business segments

  • Consolidated revenue by business segment28
    Itemyear to Mar 2026year to Mar 2025
    Retail banking, including digital banking₹16,847.24 crore₹14,313.87 crore
    Corporate and wholesale banking₹11,036.61 crore₹10,067.48 crore
    Treasury₹9,096.13 crore₹7,991.43 crore
    Other banking operations₹613.95 crore₹640.60 crore

Loan book and deposits

  • At the end of June 2026, deposits were ₹3,76,193 crore, up 13.72% from a year earlier, and advances ₹3,22,132 crore, up 22.75%.29
  • Current and savings account deposits (CASA, which usually cost a bank less) were ₹1,54,415 crore at the end of June 2026, up 6.61%, and 41.05% of deposits.30
  • Domestic advances by sector, end of June 202631
    Itemquarter to Jun 2026quarter to Jun 2025
    Agriculture₹1,12,403 crore₹76,548 crore
    Retail₹96,637 crore₹70,803 crore
    MSME₹52,554 crore₹45,246 crore
    Corporate and others₹44,405 crore₹51,450 crore
    Retail, agriculture and MSME loans together were 81.21% of total advances including overseas, against 73.39% a year earlier.

Branches and reach

  • At the end of June 2026 it had 3,691 ATMs and cash recyclers and 13,401 business correspondents (agents offering basic banking for it), against 3,461 and 10,872 a year earlier.32
  • Domestic branches by area, end of June 20263334
    Itemquarter to Jun 2026
    Semi-urban1,103 (31%)
    Rural959 (27%)
    Metro740 (21%)
    Urban720 (21%)
    It had 3,494 domestic branches at the end of March 2026, against 3,335 a year earlier.

What the company expects

  • On its earnings call of 20 Jul 2026, the company said it intends to grow both its assets and its liabilities by at least 13% to 14%.35
  • On its earnings call of 20 Jul 2026, the company said it expects a net interest margin of around 3.3% to 3.40%. It expects return on assets (profit as a share of assets) of 1.4% to 1.5% for the foreseeable 2 to 3 quarters.36
  • On its earnings call of 20 Jul 2026, the company said it expects credit cost (provisions for bad loans as a share of loans) of around 0.35% to 0.40% for the year to Mar 2027.37
  • On its earnings call of 20 Jul 2026, the company said its board had approved raising ₹5,000 crore of capital; subject to statutory approvals and market conditions, it plans to raise it in one or more tranches in the half year to Mar 2027.3839

Recent events

  • On 19 Oct 2026, SEBI approved its issue of up to 10,00,00,000 shares to eligible employees under an employee stock purchase scheme, as a way to meet the minimum public shareholding rule (the share a listed company must have in public hands).40
  • On 5 Oct 2026, India Ratings upgraded its issuer rating and Basel III Tier II bonds (bonds that count towards a bank's regulatory capital) to AA+ from AA, and changed the outlook (the agency's view of where the rating may move) from Positive to Stable.41
  • On 1 Jun 2026, the International Financial Services Centres Authority licensed it to set up a banking unit at GIFT City in Gujarat.42

Litigation and regulatory matters

  • In March 2026 the income tax department demanded ₹1,742.96 crore for assessment year 2024-25 (the tax year assessed); on 27 Mar 2026 the bank said it was in the process of challenging the order, expecting the entire demand to subside with no financial impact.4344

Last updated

All 44 sources, each with its page
  1. 1. Annual report, 11 Jun 2026, page 341
  2. 2. Annual report, 11 Jun 2026, page 1
  3. 3. Annual report, 11 Jun 2026, page 340
  4. 4. Annual report, 11 Jun 2026, page 345
  5. 5. Annual report, 11 Jun 2026, page 409
  6. 6. Annual report, 11 Jun 2026, page 411
  7. 7. Annual report, 11 Jun 2026, page 450
  8. 8. Annual report, 11 Jun 2026, page 344
  9. 9. Annual report, 11 Jun 2026, page 409
  10. 10. Annual report, 11 Jun 2026, page 428
  11. 11. Annual report, 11 Jun 2026, page 411
  12. 12. Annual report, 11 Jun 2026, page 437
  13. 13. Annual report, 11 Jun 2026, page 468
  14. 14. Investor presentation, 20 Jul 2026, page 27
  15. 15. Earnings call, 20 Jul 2026, page 3
  16. 16. Investor presentation, 20 Jul 2026, page 5
  17. 17. Earnings call, 20 Jul 2026, page 5
  18. 18. Earnings call, 20 Jul 2026, page 4
  19. 19. Annual report, 11 Jun 2026, page 595
  20. 20. Annual report, 11 Jun 2026, page 406
  21. 21. Annual report, 11 Jun 2026, page 406
  22. 22. Earnings call, 20 Jul 2026, page 4
  23. 23. Earnings call, 20 Jul 2026, page 3
  24. 24. Investor presentation, 20 Jul 2026, page 21
  25. 25. Earnings call, 20 Jul 2026, page 4
  26. 26. Earnings call, 20 Jul 2026, page 4
  27. 27. Earnings call, 20 Jul 2026, page 6
  28. 28. Annual report, 11 Jun 2026, page 595
  29. 29. Earnings call, 20 Jul 2026, page 3
  30. 30. Earnings call, 20 Jul 2026, page 3
  31. 31. Investor presentation, 20 Jul 2026, page 14
  32. 32. Investor presentation, 20 Jul 2026, page 26
  33. 33. Investor presentation, 20 Jul 2026, page 26
  34. 34. Annual report, 11 Jun 2026, page 406
  35. 35. Earnings call, 20 Jul 2026, page 13
  36. 36. Earnings call, 20 Jul 2026, page 11
  37. 37. Earnings call, 20 Jul 2026, page 13
  38. 38. Earnings call, 20 Jul 2026, page 7
  39. 39. Earnings call, 20 Jul 2026, page 13
  40. 40. Exchange filing, 20 Oct 2026, page 1
  41. 41. Exchange filing, 5 Oct 2026, page 1
  42. 42. Exchange filing, 2 Jun 2026, page 1
  43. 43. Exchange filing, 27 Mar 2026, page 1
  44. 44. Exchange filing, 27 Mar 2026, page 3

Results

Standalone, as consolidated accounts are on record for only 5 of the last ten years; ₹ crore. Total income is interest earned plus other income, fees and treasury gains among it.Indian Overseas Bank quarterly results

Total income growth, 12 months
+14.2%
Net profit growth, 12 months
+51.3%

Quarter to Sep 2026, against the quarter before

Total income
₹10,428 Crdown 4.66%
Net profit
₹1,912 Crup 15.26%

Total income by quarter

₹8,409 CrDec 24₹9,215 CrMar 25₹8,866 CrJun 25₹9,214 CrSep 25₹9,672 CrDec 25₹9,780 CrMar 26₹10,938 CrJun 26₹10,428 CrSep 26
Peak total income ₹10,938 Cr, quarter to Jun 2026; lowest ₹8,409 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹874 CrDec 24₹1,051 CrMar 25₹1,111 CrJun 25₹1,226 CrSep 25₹1,365 CrDec 25₹1,505 CrMar 26₹1,659 CrJun 26₹1,912 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Total income8,4099,2158,8669,2149,6729,78010,93810,428
Net profit8741,0511,1111,2261,3651,5051,6591,912
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Retail Banking₹16,847 Crup 17.70%44.8%
  • Corporate/Wholesale Banking₹11,037 Crup 9.63%29.4%
  • Treasury Operations₹9,096 Crup 13.82%24.2%
  • Other Banking Operations₹614 Crdown 4.16%1.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Indian Overseas Bank PE ratio and valuation

Price to earnings

At or below today's level on 0.1% of 1,004 trading days over the last 5 years.

LowestHighest
Its median22.29Industry median7.02
Price to book

At or below today's level on 1% of 1,239 trading days over the last 5 years.

LowestHighest
Its median2.08Industry median0.86

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−19.5%+53.4%−47.5%0.0%
3 years+11.8%+1.0%+10.7%0.0%
5 years+14.4%+39.6%−18.0%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Indian Overseas Bank shareholding pattern

Shareholding by group

  • Promoters92.44%
  • Foreign institutions0.48%
  • Indian institutions4.29%
  • Individuals and others2.79%
Holder
PRESIDENT OF INDIAPromoter92.44%
LIFE INSURANCE CORPORATION OF INDIAInsurance companies3.70%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.01 pts, Indian institutions unchanged, mutual funds −0.01 pts.

Mutual fund holdings

70 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 35 of the 35 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 70 funds holding Indian Overseas Bank

Bought for the first time
4
Bought again
31
Added
13
Cut
22
Sold out
18
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Indian Overseas Bank insider trading

Bought on the market Sold on the market
  • Promoters and promoter group0 purchases, 1 saleNo purchase₹418 CrNet−₹418 Cr
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Indian Overseas Bank competitors and peers

Public Sector Bank, 12 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Indian Overseas Bank in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Bank of Baroda logoBank of BarodaBANKBARODA1,19,883–0.72+2.7%––0.98%2.83%3.67%
Indian Bank logoIndian BankINDIANB1,13,1188.561.30+12.4%+17.2%16.1%1.25%3.07%2.17%
Canara Bank logoCanara BankCANBK1,06,8705.240.83−6.8%+17.7%16.8%0.99%2.21%3.56%
Bank of Maharashtra logoBank of MaharashtraMAHABANK61,4947.681.65+16.6%+31.5%23.3%1.76%3.83%2.75%
Bank of India logoBank of IndiaBANKINDIA60,5054.840.64+9.1%+29.7%14.1%0.92%2.47%3.50%
UCO Bank logoUCO BankUCOBANK27,7129.290.80+4.4%+18.4%8.9%0.73%2.89%1.99%
Central Bank of India logoCentral Bank of IndiaCENTRALBK26,1865.430.63+8.3%+5.2%12.0%0.88%2.99%2.77%
Punjab & Sind Bank logoPunjab & Sind BankPSB13,2838.850.91+3.2%+29.6%10.7%0.78%2.46%2.08%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.Indian Overseas Bank dividend history

Ex-dateTypePer share
19 Jun 2014Final₹0.50
10 Feb 2014Interim₹0.70
20 Jun 2013Final₹2.00
21 Jun 2012Final₹4.50
4 Jul 2011Final₹5.00
26 May 2010Final₹3.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Indian Overseas Bank announcements

Indian Overseas Bank share price by year

Each calendar year to 2025.Indian Overseas Bank share price history

YearClose at year endChangeHighest closeLowest close
202536.13−30.2%53.7733.84
202451.76+19.5%79.6542.70
202343.30+34.9%48.4021.10
202232.10+57.7%34.7515.35
202120.35+90.2%28.0510.35
202010.70−5.3%13.106.70
201911.30−24.4%15.209.20
201814.95−32.4%24.1511.55
201722.10−8.9%31.5022.05
201624.25−21.9%31.9522.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 202630.0030.2229.0129.1829.6060,20,01145.9%
26 Oct 202628.8230.5228.3230.3829.831,74,80,68014.4%
23 Oct 202629.8630.1028.4228.6828.9145,42,06645.1%
22 Oct 202630.3930.4429.7229.8629.9526,70,71753.3%
21 Oct 202630.7130.9430.1330.3930.4816,42,54142.5%
19 Oct 202631.0031.5030.6130.7130.9724,79,84341.0%
16 Oct 202630.9731.1030.5830.9930.8415,48,90352.1%
15 Oct 202631.6532.4030.5130.7431.3852,86,40931.3%
14 Oct 202630.8031.4230.6031.3131.2036,11,57937.9%
Prices in ₹ per share as traded, not adjusted.

Company details